Eastman Chemical (EMN)
(Delayed Data from NYSE)
$96.13 USD
-0.23 (-0.24%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $96.06 -0.07 (-0.07%) 4:36 PM ET
2-Buy of 5 2
A Value B Growth F Momentum A VGM
Company Summary
Eastman Chemical Company, based in Kingsport, TN, manufactures and sells chemicals, plastics and fibers. The company has 16 manufacturing sites in the United States, Europe and Asia-Pacific, supplying products throughout the world.
The company’s products include additives, specialty polymers and other raw materials that are integral to the production of paints and coatings, inks, adhesives and other formulated products. It also makes intermediates based on acetyl and oxo chemistries and other intermediate products.
Eastman Chemical’s other products include performance chemicals, highly specialized copolyesters ...
Company Summary
Eastman Chemical Company, based in Kingsport, TN, manufactures and sells chemicals, plastics and fibers. The company has 16 manufacturing sites in the United States, Europe and Asia-Pacific, supplying products throughout the world.
The company’s products include additives, specialty polymers and other raw materials that are integral to the production of paints and coatings, inks, adhesives and other formulated products. It also makes intermediates based on acetyl and oxo chemistries and other intermediate products.
Eastman Chemical’s other products include performance chemicals, highly specialized copolyesters and cellulosic plastics, copolyester cellulosic based products, acetate tow and triacetin plasticizers, and natural and solution-dyed acetate yarns. The company recorded revenues of around $9.2 billion in 2023.
The company has restructured its reporting segments and currently has four business segments - Advanced Materials (32% of 2023 sales), Additives and Functional Products/AFP (31%), Chemical Intermediates (23%) and Fibers (14%).
The AFP unit makes chemicals including coatings and inks additives and adhesives resins for a number of end-use markets including transportation, consumables, building and construction, energy, personal and home care.
The Advanced Materials segment makes polymers, films and plastics for transportation, consumables, building and construction, durable goods, and health and wellness markets.
The Chemical Intermediates unit sells intermediates, plasticizers and functional amines to markets such as industrial chemicals and processing, building and construction and agrochemicals.
The Fibers segments markets products such as acetate tow, acetate yarn and acetyl chemical products.
General Information
Eastman Chemical Company
PO BOX 511 200 SOUTH WILCOX DRIVE
KINGSPORT, TN 37662
Phone: 423-229-2000
Fax: 423-224-0502
Email: griddle@eastman.com
| Industry | Chemical - Diversified |
| Sector | Basic Materials |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 4/25/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.41 |
| Current Year EPS Consensus Estimate | 7.71 |
| Estimated Long-Term EPS Growth Rate | 11.70 |
| Exp Earnings Date | 4/25/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 96.36 |
| 52 Week High | 102.71 |
| 52 Week Low | 68.89 |
| Beta | 1.54 |
| 20 Day Moving Average | 806,837.81 |
| Target Price Consensus | 100.59 |
| 4 Week | -3.23 |
| 12 Week | 15.33 |
| YTD | 7.28 |
| 4 Week | 0.14 |
| 12 Week | 10.19 |
| YTD | 0.90 |
| Shares Outstanding (millions) | 117.60 |
| Market Capitalization (millions) | 11,332.27 |
| Short Ratio | NA |
| Last Split Date | 10/4/2011 |
| Dividend Yield | 3.36% |
| Annual Dividend | $3.24 |
| Payout Ratio | 0.51 |
| Change in Payout Ratio | 0.11 |
| Last Dividend Payout / Amount | 3/14/2024 / $0.81 |
Fundamental Ratios
| P/E (F1) | 12.50 |
| Trailing 12 Months | 15.06 |
| PEG Ratio | 1.07 |
| vs. Previous Year | 47.19% |
| vs. Previous Quarter | -10.88% |
| vs. Previous Year | -7.00% |
| vs. Previous Quarter | -2.65% |
| Price/Book | 2.04 |
| Price/Cash Flow | 8.97 |
| Price / Sales | 1.23 |
| 3/31/24 | NA |
| 12/31/23 | 14.15 |
| 9/30/23 | 13.44 |
| 3/31/24 | NA |
| 12/31/23 | 5.17 |
| 9/30/23 | 4.85 |
| 3/31/24 | NA |
| 12/31/23 | 1.35 |
| 9/30/23 | 1.36 |
| 3/31/24 | NA |
| 12/31/23 | 0.70 |
| 9/30/23 | 0.71 |
| 3/31/24 | NA |
| 12/31/23 | 8.28 |
| 9/30/23 | 7.63 |
| 3/31/24 | NA |
| 12/31/23 | 9.71 |
| 9/30/23 | 6.24 |
| 3/31/24 | NA |
| 12/31/23 | 11.80 |
| 9/30/23 | 7.36 |
| 3/31/24 | NA |
| 12/31/23 | 47.13 |
| 9/30/23 | 45.75 |
| 3/31/24 | NA |
| 12/31/23 | 3.91 |
| 9/30/23 | 3.94 |
| 3/31/24 | NA |
| 12/31/23 | 0.78 |
| 9/30/23 | 0.84 |
| 3/31/24 | NA |
| 12/31/23 | 43.77 |
| 9/30/23 | 45.78 |